SAMA sending us to the 80s
By Rayed
Saudi Arabian Monetary Agency (SAMA) lately is doing a horrible job with SPAN network, SPAN is Saudi Arabia system for paying using your bank card.
In the last 4 months, most transactions from local store fails, which force many business and customer to fall back to an older technology, Cash!!
I am not used to carrying a lot of cash with me, and rely on my bank card to buy goods.
To make things worst some of the failed transactions, get charged to your account, and you have to file a complaint to your bank to get the money back. This is not the worst part, I filed one since 8th of October and until now I didn’t get any reply from my bank, they claim it is SAMA again doesn’t reply to the request yet.
Is it my luck or SAMA is actually sending us to the 80s?